Latest News from IBI
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Ferretti Group reports Q1 revenue decline amid softer market conditions
The Italian builder posted an 8% decline in net revenue to €302.1m in the first quarter
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Abandoned Russian yachts stranded in Finnish marinas face uncertain future
Hundreds of Russian-owned boats remain stored in Finnish ports three years after sanctions cut off owner access
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Yachting Ventures to host IBEX Start-Up Pavilion for third year
The pavilion returns to Tampa from 6-8 October 2026, connecting marine startups with OEMs, investors and industry decision-makers
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Flexiteek reports strong first year at US fabrication facility
The UK synthetic teak deck manufacturer’s West Palm Beach operation has experienced rapid growth since opening in early 2025
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Delta Marine names new director of sales
Tim Kershaw joins US yard as it advances two significant in-build projects and seeks to strengthen its presence in key global markets
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Turkish shipyard opens Miami office in US market push
RMK Yachts establishes permanent office at RMK-Merrill Stevens facility in South Florida to strengthen client support and expand US presence
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FarSounder announces Tocaro Blue collaboration
Marinetech brands collaborate in bid to gain share in maritime navigation market
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South African marine export sector mourns loss of Yacht Haulers founder
Andrew Sickler died following his battle with Parkinson’s disease
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Balearic Islands lead Spanish boat market with 13% growth
The archipelago registered 225 recreational boats in the first four months of 2026, driven by pre-summer demand and strong charter market performance
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De Antonio Yachts enters Polish market with new distributor
The Spanish builder has chosen CM Nautica to represent the company in Poland
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One Atlantek selects Arksen Discovery 8 for UK adventure-charter operations
The luxury charter operator will use the vessel for coastal adventure experiences and marine conservation activities in partnership with Cornwall Wildlife Trust
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Optima Electric Yachts seeks new ownership to scale technology
The UK startup has developed “highly differentiated” electric vessels after five years of R&D and £1.6m in innovation grants
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How Dutch builder Van der Valk delivered a textbook ownership transition
The yard’s 2024 management buyout brought ownership stability, fresh capital, and a full orderbook in less than two years
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West Marine files for bankruptcy
US marine equipment retailer continues operations with support of creditors as it embarks on reorganisation effort
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UK boatyard sold after 65 years, set for rebrand
Larkman’s Boatyard in Suffolk has been acquired by new owners
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Tankoa strengthens Civitavecchia site as dual-yard model expands
Italian superyacht builder expands integrated production operations between Civitavecchia and Genoa as it increases build capacity and advances large-yacht projects
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Sanlorenzo reports 25% growth in Q1 orders, unveils three-year strategic plan
The Italian superyacht builder has achieved its seventh consecutive quarter of order intake growth, with Q1 2026 orders reaching €223.2m
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V.Group opens maritime training academy in Chennai, India
Ship management business to train cadets for fleet including yachts
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FFS Africa renews sponsorship of African Boating Conference
The marine fuels and energy provider strengthens support for Africa’s growing boating and superyacht sectors ahead of the Cape Town event
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Malibu Boats CEO Steve Menneto to share insider perspective on US market dynamics at IBI Summit
Fresh from landmark European acquisition, industry leader will discuss shifting consumer trends and opportunities for international brands
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Former Duracell CEO takes helm at Ferretti Group
Stassi Anastassov has been appointed chief executive officer of the Italian builder following today’s AGM
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Off The Hook Yachts sees record FQ1
OTH joins the handful of US marine companies which saw better-than-expected performance at the start of calendar 2026
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Mediterranean Yacht Show sees record turnout as Greek charter market gains momentum
Greece’s premier charter yacht event reported strong attendance and berthing demand at its 11th edition earlier this month
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Azimut CCO outlines Asian strategy at Singapore Yachting Festival
Enrico Chiaussa, chief commercial officer EMEA-APAC at Azimut Yachts, talks to IBI about navigating Asia’s evolving luxury yacht market
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Tough year for Honda
Automobile, motorcycle and outboard engine builder reports first-ever financial loss as weak EV market drags down earnings
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Yachts damaged as wind wreaks havoc in South Africa’s ‘Cape of Storms’
Extreme weather damages yachts and marina infrastructure at multiple sites
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Halyard strengthens distribution network with C.Quip partnership
Marine equipment specialist appoints C.Quip to expand access to selected products across leisure and commercial sectors
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Lomac unveils new Turismo 8.5
Italian RIB builder completes Turismo range with new vessel ahead of its official debut at the Genoa Boat Show 2026
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Highfield expands beyond aluminium tenders with fibreglass ADV line
CEO Paul Blanc outlines the Chinese-French RIB manufacturer’s growth strategy
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Ferretti Group shareholders back Weichai, ending Galassi’s 12-year tenure
Directors Piero Ferrari, Stefano Domenicali resign
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Suzuki reports record revenues despite lower profits
Revenues climb to record ¥6,293bn, while operating profits sink to ¥622.9bn as higher raw material costs weigh on earnings
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Swisspath, TAG Yachting merge to form integrated services group
New Swisspath TAG Yachting business combines sales, charter, management and ownership support across the European superyacht market
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Bering Yachts launches first hull of aluminium explorer catamaran BC60
The first hull of the catamaran has been launched in Antalya, marking a new addition to the long-range expedition yacht sector
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Grand Pavois La Rochelle renews partnership with China yacht exhibition
The 2026 Aranya-Westport International Yacht Exhibition will return across two venues in Qinhuangdao as organisers seek to establish the event as a leading boating showcase for northern China
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Twin Vee revenues up as losses mount
US boat builder reports Q1 net loss of US$2.0m despite 10% revenue increase
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Flexiteek International buys Danish distributor
The synthetic decking manufacturer has acquired Flexiteek Denmark
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Kinetic Catamarans begins tooling for new K6 model
The SA yard has also upgraded its facility to accommodate a busy production schedule
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AquaAmp names Italian distribution partner
US waterproof charging manufacturer selects Indemar for OEM and aftermarket sales
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Republic of Singapore Yacht Club marks 200-year milestone
The expansion of the marina has resulted in increased berthing occupancy, with 90% of berth holders being Singaporean nationals
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Vision Marine to unlock $5m in liquidity through Florida property sale
The electric propulsion specialist expects the transaction to generate non-dilutive cash while reducing annual operating costs by $1.2m
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Confindustria Nautica: Global boat building market reached €33.3bn in 2025 despite slowdown
Italy continued to outperform the wider market, with growth in the superyacht sector helping the country strengthen its global leadership position
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MarineMax sees hope on the horizon despite market conditions
The mega global dealer, marina and yacht services operator identifies encouraging signs for the remainder of 2026, though recovery may hinge on consumer confidence
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Acquera Yachting expands Malta operations through joint venture
Italian superyacht service provider partners with local logistics firm, appointing Karl Naudi and Mario Micallef to lead expanded Mediterranean operations
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7th TYBA Yacht Charter Show returns to Marmaris after 45 years
The first official show took place in 1981, with TYBA organising the event since 2018
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ZeroUSV takes stake in UK shipyard to boost autonomous vessel production
The company has become a shareholder in Portland-based Manor Marine, securing dedicated production capacity for its Oceanus uncrewed surface vessels
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South African draft dam regulations threaten inland boating sector
New draft regulations for government waterworks, introduced earlier this year, have sparked significant backlash from civil society groups
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Volvo Penta unveils new D13 IPS Hybrid yacht propulsion system
The Swedish power solutions manufacturer set to take a significant step towards its goal of producing fully electric propulsion systems by releasing a 700hp-1000hp (515kW-735kW) parallel hybrid propulsion system later this year
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Hutchwilco NZ Boat Show opens this week for 70th anniversary edition
The annual marine industry event returns to Auckland Showgrounds from 14-17 May
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Myers Industries reports solid Q1
Gains in net revenues, gross profit, adjusted operating income underscore strong start to 2026 fiscal for US plastics manufacturer
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